CLW vs SUZ vs WFG Stock Comparison

Clearwater Paper, Suzano and West Fraser Timber Prices as of Oct 23, 2026 Peers: Industry group
CLW Clearwater Paper Corp
$19.32 -9.5% 1M -3.2% 1Y
Market cap
$308.01M
P/E
–
Revenue (TTM)
$1.52B
Div. yield
–
Paper Packaging Basic Materials
1 win
SUZ Suzano S.A.
$8.64 -6.3% 1M -4.6% 1Y
Market cap
$10.91B
P/E
7.0x
Revenue (TTM)
$9.04B
Div. yield
–
Pulp and Paper Basic Materials
6 wins

Head to Head

9 decided of 12

Suzano leads on 6 of the 12 questions below (Suzano 6, West Fraser Timber 2, Clearwater Paper 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCLWSUZWFGLeader
Larger companyMarket capitalisation $308.01M $10.91B $5.53B SUZ
Cheaper on earningsLower P/E, profitable companies only -6.2x 7.0x -4.0x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 6.1x — –
Faster revenue growthRevenue growth, trailing twelve months -1.9% +0.7% -10.2% SUZ
More profitableNet margin, trailing twelve months -3.2% 17.2% -26.2% SUZ
Better return on capitalReturn on invested capital -5.7% 7.1% — SUZ
Less leveragedLower net debt / EBITDA 20.6x 3.1x -181.5x WFG
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -3.2% -4.6% +6.1% WFG
Better 5-year returnAnnualised price return, 5 years -14.9%/yr -1.5%/yr -3.8%/yr SUZ
Less volatileAnnualised volatility, 1 year 52.7% 29.8% 33.6% SUZ
Higher overall scoreMean of the five percentile scores vs peers 57/100 57/100 33/100 CLW

Percentile Scorecard

CLWSUZWFG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCLWSUZWFG
Valuation 93 #2 of 16 90 #29 of 287 44 #161 of 287
Growth 47 #9 of 16 17 #222 of 267 5 #253 of 267
Profitability 33 #11 of 16 77 #55 of 240 21 #191 of 240
Financial Health 81 #4 of 17 30 #207 of 295 –
Shareholder Returns 31 #10 of 14 70 #62 of 204 61 #81 of 204
Overall 57 57 33
  • CLW ranked among 17 companies in Packaging
  • SUZ ranked among 308 companies in Basic Materials
  • WFG ranked among 308 companies in Basic Materials

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCLWSUZWFGSPY
1 month -9.5%-6.3%-4.5% -1.0%
3 months +14.8%+4.3%+5.4% +2.9%
6 months +32.1%-5.1%+6.6% +6.4%
Year to date +11.0%-7.5%+14.1% +11.4%
1 year -3.2%-4.6%+6.1% +13.1%
3 years -43.3%-17.5%+5.4% +79.4%
3 years, per year -17.2%-6.2%+1.8% +21.5%
5 years -55.5%-7.1%-17.8% +67.7%
5 years, per year -14.9%-1.5%-3.8% +10.9%
10 years -65.5%+159.5%+128.9% +255.2%
10 years, per year -10.1%+10.0%+8.6% +13.5%

Risk

MeasureCLWSUZWFGSPY
Volatility, 1Y 52.7%29.8%33.6% 12.7%
Downside volatility, 1Y 50.5%27.9%32.5% 12.7%
Beta vs S&P 500, 1Y 0.900.630.64 1.00
Return / volatility, 1Y -0.06-0.160.18 1.03
Max drawdown, 5Y -77.8%-41.1%-43.2% -25.4%
From 52-week high -17.1%-24.6%-9.0% -2.5%
52-week high $23.30$11.46$76.69 $779.14
52-week low $12.44$7.67$57.91 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCLWSUZWFG
P/E now vs peer median -6.3xmedian 18.2x 6.9xmedian 17.9x -4.0xmedian 17.9x
P/S now vs peer median 0.2xmedian 0.7x 1.2xmedian 1.8x 1.1xmedian 1.8x
EV/EBITDA now vs peer median 44.8xmedian 9.5x 5.7xmedian 9.8x -2,936xmedian 9.8x
P/FCF now vs peer median 5.5xmedian 15.7x 12.3xmedian 16.0x -12.7xmedian 16.0x
P/B now vs peer median 0.4xmedian 1.4x 1.1xmedian 1.8x 1.0xmedian 1.8x
PEG now vs peer median 0.16median 0.83 -0.19median 0.73 0.61median 0.73

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCLWSUZWFG
Revenue $1.52B $9.04B $5.24B
Gross profit $24.60M $2.58B $1.14B
Operating income -$82.20M $1.91B -$1.49B
Net income -$49.30M $1.56B -$1.20B
Free cash flow $56.60M $888.28M -$435.00M
EPS (diluted) $-3.06 $1.25 $-17.33
Cash & equivalents $95.40M $3.21B $74.00M
Total debt $361.10M $17.89B $437.00M
Shares (diluted) 16.13M 1.24B 79.16M
Enterprise value $111.01M -$7.42B $4.63B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCLWSUZWFG
P/E -6.3x 6.9x -4.0x
P/FCF 5.5x 12.3x -12.7x
P/Operating cash flow 2.9x 3.5x –
P/S 0.2x 1.2x 1.1x
P/B 0.4x 1.1x 1.0x
P/Tangible book 0.4x 1.1x 1.0x
EV/EBITDA 44.8x 5.7x -2,936x
EV/EBIT -7.0x 12.4x -3.9x
EV/Revenue 0.4x 2.6x 1.1x
EV/FCF 10.2x 26.7x -13.5x
EV/Operating cash flow 5.3x 7.5x –
PEG (3Y EPS CAGR) 0.16 -0.19 0.61

Growth

14 metrics
MetricCLWSUZWFG
Revenue growth (1Y) -1.9% 0.7% -10.2%
Revenue CAGR (3Y) 25.5% -1.5% -13.9%
Gross profit growth (1Y) -80.2% -23.8% -29.4%
Gross profit CAGR (3Y) 28.3% -17.1% -27.6%
Operating income growth (1Y) -647.3% -20.3% -867.5%
Operating income CAGR (3Y) -38.8% -30.5% -52.1%
Net income growth (1Y) -124.5% 11.8% -1,620%
Net income CAGR (3Y) -39.6% -29.7% -188.8%
EPS growth (1Y) -124.7% 14.2% -331.3%
EPS CAGR (3Y) -40.3% -36.5% -6.5%
Operating cash flow growth (1Y) 337.9% -11.0% –
Operating cash flow CAGR (3Y) 17.1% -13.2% –
Free cash flow growth (1Y) 131.2% -70.7% 17.8%
Free cash flow CAGR (3Y) 63.3% -47.6% 1.3%

Profitability

14 metrics
MetricCLWSUZWFG
Gross margin 1.6% 28.6% 21.8%
EBITDA margin 0.8% 46.0% 0.0%
Operating margin -5.4% 21.1% -28.4%
Pretax margin -6.9% 25.9% -29.3%
Net margin -3.2% 17.2% -26.2%
FCF margin 3.7% 9.8% -8.3%
Operating cash flow margin 7.1% 34.8% –
Return on equity -6.1% 16.6% -24.5%
Return on assets -3.1% 4.8% –
Return on invested capital -5.7% 7.1% –
Return on capital employed -6.1% 6.4% –
Asset turnover 1.0x 0.3x –
Cash conversion (OCF / net income) -2.2x 2.0x –
Stock comp / revenue 0.2% – –

Financial Health

11 metrics
MetricCLWSUZWFG
Debt / assets 23.0% 54.2% –
Debt / equity 0.5x 1.9x 0.1x
Net debt / EBITDA 20.6x 3.1x -181.5x
Debt / FCF 6.4x 20.1x -1.0x
Liabilities / assets 49.5% 70.9% –
Equity / assets 50.5% 29.1% –
Interest coverage – 1.4x –
Current ratio 2.3x 3.4x –
Quick ratio 1.1x 2.3x –
Cash ratio 0.4x 1.9x –
Altman Z-score 2.00 1.03 –

Shareholder Returns

7 metrics
MetricCLWSUZWFG
Dividend yield – 2.4% 1.8%
Net buyback yield 0.7% – –
Shareholder yield 0.7% 2.4% 1.8%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCLWSUZWFG
Forward P/E – 6.1xFY2026 –
EPS, next fiscal year $-3.47FY2026 $1.41FY2026 $-3.97FY2026
EPS growth, next FY – -32.5%FY2026 –
EPS growth, the year after – -28.4% –
Revenue, next fiscal year $1.56BFY2026 $10.38BFY2026 $5.84BFY2026
Revenue growth, next FY +0.2%FY2026 +7.4%FY2026 +6.9%FY2026
Revenue growth, the year after +6.0% +11.2% +9.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCLWSUZWFG
Held by institutions 88.7% 5.9% 49.7%
Institutions holding 134 136 166
Change in shares held, QoQ +9.9% +0.6% +3.1%
Institutions buying 85 77 79
Institutions selling 33 46 55
Buyers to sellers 2.58 1.67 1.44

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CLWSUZWFG
CLW 1.00 0.15 0.38
SUZ 0.15 1.00 0.27
WFG 0.38 0.27 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CLW, SUZ and WFG?

Suzano (SUZ) is the largest by market capitalisation: Clearwater Paper (CLW) $308.01M, Suzano (SUZ) $10.91B, West Fraser Timber (WFG) $5.53B.

Which company is growing faster?

Suzano (SUZ) grew revenue fastest over the trailing twelve months: Clearwater Paper (CLW) -1.9%, Suzano (SUZ) +0.7%, West Fraser Timber (WFG) -10.2%.

Which company is more profitable?

Suzano (SUZ) has the highest net margin (Clearwater Paper (CLW) -3.2%, Suzano (SUZ) 17.2%, West Fraser Timber (WFG) -26.2%). On return on invested capital, Suzano (SUZ) leads (Clearwater Paper (CLW) -5.7%, Suzano (SUZ) 7.1%).

Which stock has performed better?

Over the past year West Fraser Timber (WFG) returned the most: Clearwater Paper (CLW) -3.2%, Suzano (SUZ) -4.6%, West Fraser Timber (WFG) +6.1%. Over five years, Suzano (SUZ) compounded fastest (Clearwater Paper (CLW) -14.9%/yr, Suzano (SUZ) -1.5%/yr, West Fraser Timber (WFG) -3.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Suzano (SUZ) has been the steadiest (Clearwater Paper (CLW) 52.7%, Suzano (SUZ) 29.8%, West Fraser Timber (WFG) 33.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CLW, SUZ and WFG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Suzano (SUZ) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.